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Business Competition for Student Teams

11 - 25 October 2021

Register your team of 2 to 5 to learn in two intensive weeks how to build and present a high-growth scalable business concept. Pitch it to the judges to win prizes from a pool of $10,000 + in-kind support from our ecosystem to help you take your project to the next level. 

$10,000 cash and support to help you learn how to build a high-growth business

Your chance to succeed alone are small. Use this opportunity to develop your teambuilding and team coordination skills.

Learn how to generate multiple ideas so that you can pick the one worth pursuing. Evolve the idea with the team, mentors and potential customers.

Showing is better than telling. Learn how to build minimal viable products by observing how users interact with the prototype of your solution.

Business models define the way you can make money on delivering your solution to your customers. Learn how to find the one that will fit your business.

Without customers, there is no business. Learn how to talk to customers before you build anything, to understand the market potential of your solution.

Even with customers with a problem, validated pricing and business model, your business can fail, if you do not learn how to tell its story to the key stakeholders. 

The real test comes when you deliver the short pitch on stage (virtually) and answer questions of the judges. Will you make it to the top 10 teams?

Throughout the program you will have access to innovation and business mentors. After the program, winners will be offered support from CBRIN.

Competition schedule

How much time do I have to commit and when?
Can I work with my team outside the scheduled sessions?

Here you can find a quick overview of what is involved for you to participate in InnovationACT intensive this year. We expect a really rapid progress - from start to finish in just 2 weeks! Do you have what it takes? Build a diverse team and try it. 

Orientation: 11 October 2021 
4 - 5 pm Ask questions

Mandatory for team captains. 30-60 minutes to get familiar with competition technology, rules and opportunity to ask questions. 

Workshop 1: 12 October 2021
3 - 5pm Ideation + Validation

Finalise your team structure, develop a variety of ideas and learn how to test them with potential customers to select which ones to focus on.

Workshop 2: 14 October 2021 

3 - 5 pm Business models & market tests

Continue to learn how to validate your most promising ideas to see how they fit with a business model that can scale.

Workshop 3: 18 October 2021
3 - 5 pm Prototyping & pitch design

How can you demonstrate the value of your solution to potential customers? Begin to build the story of your solution.

Workshop 4: 21 October 2021

3 - 5 pm Pitch practice & feedback

Great pitches come with practice. Practice. Practice. Practice. And get feedback you can use to improve your pitch!

Pitch event: 25 October 2021 

3 - 5 pm Pitch to judges

The final event. Top 10 teams will be invited to live pitch (albeit virtually) to a panel of judges, answer their questions and receive prizes. 

Each workshop will consist of lecture and interactive exercise from 3 to 5 pm. From 5 pm to 6:30 pm we will leave the Remo room open for teams to continue working on their ideas, plus we will have our experts available to talk to each team about their idea and progress.

Technology we will use

This competition will be held completely online. Besides email, calendar and social media platforms, such as LinkedIn, Instagram and Facebook, we will be using 3 principal online tools you should try and test-run prior to the competition start to make sure your devices, operating system and peripheries work with them and you are comfortable and proficient in using them. All of these platforms allow free accounts; please use same user emails you used for registration for this competition.

You will need one account on Remo that you can create as you register for the first session. Test your device (webcam, mic and speakers compatibility) here. This will be your key communication and participation platform.

Miro is integrated in Remo and it will be your team's whitboard. You do not need a separate account on miro but you may want to roadtest it beforehand to become familiar with the canvases and post-it notes for the collaborative capabilities.

At least your Team Captain but ideally all of you will need an account with Podio. Use same email as you registered for the competition. You will submit your work via Podio and can have conversations with competition organisers.

Registration

First, register your team (unless someone else from your team already did). In participant registration select the team you (or someone else from your team) have registered prior. You must be a current student enrolled in the ANU and you must have a team of between 2 and 5 members to register. By registering you agree with the Rules of Engagement. You must register before 5 pm on 8 October 2021.We will confirm your place in the program on 11 October 2021.

We acknowledge the Traditional Custodians of the ACT, the Ngunnawal people. We acknowledge and respect their continuing culture and the contribution they make to the life of this city and this region.

Level 5, 1 Moore St
Canberra,  2601, ACT
Australia

Open from 9:00 AM TO 5:00 PM
on WORKING DAYS

enquiries@cbrin.com.au

+61 (02) 6162-1149

www.cbrin.com.au


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